US HB7562 | 2023-2024 | 118th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on March 6 2024 - 25% progression
Action: 2024-03-06 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 6 2024 - 25% progression
Action: 2024-03-06 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
To amend the Federal Reserve Act to prohibit Federal reserve banks from paying interest on excess reserves.
Title
Prohibition on IOER Act of 2024
Sponsors
Rep. Warren Davidson [R-OH] |
History
Date | Chamber | Action |
---|---|---|
2024-03-06 | House | Referred to the House Committee on Financial Services. |
2024-03-06 | House | Introduced in House |
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/118th-congress/house-bill/7562/all-info |
Text | https://www.congress.gov/118/bills/hr7562/BILLS-118hr7562ih.pdf |